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20121205
20121205
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, politico hosts a discussion with bob woodward, author of "the price of politics," and marco rubio. mike allen moderates the discussion. see that live at 10:00 a.m. eastern on c-span 3. house democrats filed a discharge petition to force a house vote to extend the bush era tax cuts for middle-class families. the bill has already passed in the senate. next, we hear from nancy pelosi. the course of the election the president made it very clear that he was courting the extension of the middle class tax cut and that everyone, 100% of the american people, would benefit from it. 100% of taxpayers, small businesses, wage earners, and the rest. the republicans are saying that rather than passing that they want to hold it hostage to giving an additional tax cut to people making over $250,000 a year. that's not negotiating. that's hostage taking. so today on the floor of the house the democrats have proposed a discharge petition which if it receives 218 signatures, that's only a couple dozen republicans joining the democrats, would automatically come to the floor and i predict would receive the ov
pass if you have that opportunity? >> it would be a three-pitcher event. i hear bob packwood about the history of putting his bill together 30 years ago. i am impressed by a kinder and gentler time it was, to have the kind of easy communication of lloyd bentsen about a little problem that he has to have resolved. it is a different era. it was revenue neutral was a great advantage to you in that effort, and even though you can quickly get to it, it was a two-year process. of educating not only the public but the members involved. i would argue that the interest groups embedded in tax expenditures are even stronger today. it is not just about the guys who want to go sailing or play golf. they have tv ads running, grass-roots operations out there. >> but there is one thing else. in 1986, there were no cellphones. they had to find a wired telephone to call, and by the time they had done that, it was already passed. >> this is very hard to do. as bill outlined earlier, you can see where the groups are lining up. the easiest thing they can bring about is gridlock and doing nothing. i am
a conversation about getting the fiscal house in order. i heard bob talking about that. it is true. we spend $1 trillion more than we take in. it's a fact and we have to address it. i approach this issue with the following belief. the only way to get it in order is through rapid economic growth. no taxes you can raise to bring the debt down. what the president is offering is not enough but will make a dent on job creation, particularly middle-class job creation. i oppose his plan. we should do real tax reform. if there are loopholes, there is a loophole for being able to write off your yacht as a second home. let's go after that. we need more revenue and the way you do that is through rapid economic growth. it's the only way to generate the kind of revenue you need and hold it. >> what's the only way you would raise tax rates on the top 2%? >> the number one issue is to grow the economy and creating jobs. i believe that proposal will hurt job creation. the tru millionaires, they have the best accountants and lawyers in america. do whatever you want, they are go to go maximize it. the people who
to address this. [applause] >> wow. man. thank you, bob. i met him when i was 23 years old in wisconsin. i was introduced to him by my mentor, jack kemp. jimmy, your family, and you for caring on the torch. quick you close your eyes, you think you are listening to -- if you close your eyes, you think you are listening to jack kemp. it is something that is really a great honor to do this, to be here. back in this room like last year, and i want to say congratulations to marco rubio on receiving this well deserved honor. [applause] now, as you may know, marco is joining an elite group of past recipients for this award. [laughter] two of us so far. i will see you at the reunion dinner. [applause] [laughter] i am sure the press will not read too much into that one. [laughter] i want to thank you all for your kind hospitality. i want to thank you, jimmy, for holding this event. wherever i went, people would say, i work for jack kemp. that legacy lives on some much because of the connection to the family. there was something this legacy .as such reach hi it is an honor to be a part of this an. j
with the top democrat on the house budget committee, chris van hollen, along with bob corker and mark warner. and then at 9:00 eastern, president obama and house speaker john boehner. they also spoke about the fiscal cliff today. the president said republicans might be willing to agree to higher tax rates on the wealthy in january. then the house speaker called on the obama administration to respond to the republicans' deficit reduction proposal that was released earlier this week. president obama is at 9:00 eastern and then speaker boehner. at the museum today, florida senator marco rubio sat down with michaelen of "politico." he answered questions about the fiscal cliff. republican outreach to hispanic voters and a potential campaign for president. this is 45 minutes. [applause] >> thank you very much. you had a late night. >> not really. >> is bob still here? what would you like to ask senator rubio? [laughter] >> are you still doing this? >> ask him a real question. this is a great chance. >> last night you talked about a new direction for the republican party. and one of the things that
Search Results 0 to 4 of about 5